Top 10 Trending Cryptocurrencies Online!

‘History will be unkind to those who knew about Bitcoin early and did nothing’ – Anthony Pompliano

It is safe to say that technology has taken over almost
everything. In this digital
era things, even money is going digital. We will keep the concept of Cryptocurrency simple and
comprehensible for a layman person like me.

Cryptocurrency – it is digital cash for the digital era. Somehow similar to regular money with little difference that is digital. What does digital imply here? Digital cash means that you won’t be needing to carry coins and bills around.

It is different from regular money in many aspects.

Regular money is
issued by governments while cryptocurrencies
are based on a network of computers with open source code.

Regular money is a result of confidence in the government
that issues it. Whereas, Cryptocurrencies
are purely based on supply and demand.

Regular money is secured by involving a third party like
banks which are selected by the governments, where cryptocurrencies are secured by a wide
network of computers that validate every transaction.

Regular money enables
you to buy stuff, the only glitch is that has to be used in the country that
issues it. On the other hand, cryptocurrencies can let you buy things from the
merchants who accept them.

Is cryptocurrency the future of new generation?

It is quite early to
comment on it, however, those who have invested in it and know how to have skin
in the game have a very bright future. In this technological era that moving towards a digital age, it is
important to have a little know-how of cryptocurrency.

We are here to give you an insight with a quick glance into the top 10 types of cryptocurrencies!

1. Bitcoin – the king of
digital cash:

No matter how many
cryptocurrencies are introduced, Bitcoin will always be the King of this digital cash game. If you
are interested in a long-term digital investment then get your hands on Bitcoin. It has been the best cryptocurrency of 2019.

The prices are reasonable and a few Bitcoins are left to be
invested in.

It the most secure cryptocurrency to date.

The technical competency of Bitcoin is growing with each day passing making it harder for other cryptocurrencies to catch up with it.

2. Ethereum

Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality. It supports a modified version of Nakamoto consensus via transaction-based state transitions

3. Litecoin (LTC)

Created by Charlie Lee, Litecoin is the second most
cryptocurrency in demand. The purpose to bring it into the market was to
support and complement Bitcoin as silver to Bitcoin’s gold. Litecoin has been successful in
achieving it so far.

Litecoin has a sole payment.

It has a decent
volume.

On average 25K
transactions are processed each day.

4. NEO:

It is a China-based
cryptocurrency. Also, known as Ethereum: A smart contract platform for developers. If you are a developer and
looking forward to launching decentralized apps on blockchain, you need to invest in Ethereum.

It is in the top 20 cryptocurrencies of the coinmarketcap which makes it a highly liquid asset.

It is second digital cash in which is safe to be invested in.

It is stable than most of the cryptocurrencies.

5. NEXO:

This cryptocurrency has been gaining some attention and
popularity in recent times. It works as a wallet that allows its users to
borrow money by keeping their coins as indemnity.

It enables users to get interested by instantly loaning crypto.

It offers credit cards to let its users have their unique
business model.

It initiated the NEXO Token which is one of its kind and first security tokens in the
industry.

6. Tezos (XTZ):

It is a blockchain and got a
shaky start in the market in its beginning. It is known as a competitor of NEO
or Ethereum. After launching its main net Tezos is predicted to be the next
prevailing platform for decentralized
apps and smart
contracts.

Tezos wallets
are used to secure your XTZ.

7. Binance Coin (BNB):

Launched in 2017, it
becomes the first cryptocurrency of Binance exchange. It facilitates trading fee waivers. The future
of Binance Coin is very lucrative because it is expanding its network and reach
by launching Binance Chain
and Binance DEX.

These pipelined projects will allow Binance Coin to find
more utility and liquidity.

It indirectly benefits its users. It does this by letting
its users utilize 20% of their profits to buy back BNB.

8. Monero (XMR):

It is a privacy-focused
project that hides the identity of its participants and users. It is a
fancy cryptocurrency which is widely used in the dark web for privacy reason.

The liquidity
of this coin is always high, keeping it on the top of Coinmarketcap.

It is reported to be a bit stable and less risky crypto coin of 2018-19.

9. Zcash (ZEC):

Another digital
currency that provides privacy to its users. It is an open-sourcecryptocurrency
emerged in the market in 2016. It differentiates itself from Bitcoin by putting
an ‘S’ in its analogy that is HTTPS, while Bitcoin uses HTTP.

It offers privacy along with the transparency of
transactions.

It is more secure and transparent. All the transactions are
issued on a blockchain.
However, users’ details are kept private.

It allows its users to choose ‘Shielded Transactions’ by
using cryptographic
techniques.

10. Cardano (ADA):

The co-founder of Ethereum launched Cardano in 2017. The users of this digital money can enjoy
the benefits of Ethereum and ADA as well.

ADA eyes to resolve the most faced problems regarding interoperability and
scalability.

It is further hoping to overcome international payment
issues.

ADA has a $1.16 billion market cap.

11. DASH (Dash):

Those of you who want to keep your identity completely
hidden in the digital
currency world, DASH is the best option for them. It is known as Darkcoin in the industry.
It is gaining followers rapidly in the digital market.

It is digital
cash with $640.76 million market cap.

It is easy for people to get into a business but the digital world can be
tricky and risky. Don’t make a quick decision without attaining a complete
knowledge about it!